{"id":113336,"date":"2026-01-30T17:03:15","date_gmt":"2026-01-30T17:03:15","guid":{"rendered":"https:\/\/sotnews.agency\/?p=113336"},"modified":"2026-01-30T17:03:15","modified_gmt":"2026-01-30T17:03:15","slug":"cedi-likely-to-remain-stable-in-2026-courage-boti","status":"publish","type":"post","link":"https:\/\/sotnews.agency\/?p=113336","title":{"rendered":"Cedi likely to remain stable in 2026 \u2013 Courage Boti"},"content":{"rendered":"<div class='booster-block booster-read-block'>\n                <div class=\"twp-read-time\">\n                \t<i class=\"booster-icon twp-clock\"><\/i> <span>Read Time:<\/span>1 Minute, 47 Second                <\/div>\n\n            <\/div><div>\n<p>Manager of Macroeconomic Research at GCB Bank PLC, Courage Boti, says he does not expect the cedi to record any significant appreciation in the near term, citing improving macroeconomic stability rather than further gains.<\/p>\n<p>According to him, recent economic indicators point to a more balanced and stable currency environment, suggesting that any future movements in the cedi are likely to be marginal.<\/p>\n<p>Speaking to the media at the Fourth Annual Forecast Dinner and Charter Recognition Ceremony organised by the Chartered Financial Analyst (CFA) Society Ghana, Mr. Boti explained that while pressures on the local currency have eased, the current exchange rate largely reflects its fair value.<\/p>\n<p>\u201cI do not expect further strong appreciation like we have seen in 2025. And the reason largely is that the interventions worked out. What we have today looks like the fair value of the cedi. You could expect some marginal depreciation this year if the fundamentals that drove this kind of appreciation or correction are sustained,\u201d he said.<\/p>\n<p>Meanwhile, the Managing Director of the Ghana Stock Exchange (GSE), Abena Amoah, reiterated the Exchange\u2019s commitment to deepening Ghana\u2019s capital market by supporting businesses willing to list.<\/p>\n<p>She noted that the GSE remains ready to create an enabling environment through policy advocacy, market reforms, and investor education to encourage more companies to access long-term financing via the capital market.<\/p>\n<p>According to her, \u201cOn the equities market, we have 35, 36 companies listed. There are thousands of companies registered in Ghana. Let me and my team know what products you want to bring. We will facilitate from the policy makers, from the infrastructure perspective, from the rules perspective. We will create that enabling environment.\u201d<\/p>\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"576\"src=\"https:\/\/sotnews.agency\/wp-content\/uploads\/2026\/01\/WhatsApp-Image-2026-01-30-at-16.28.27-4.jpeg\" alt=\"Cedi likely to remain stable in 2026 - Courage Boti\" class=\"wp-image-10032965210\" title=\"Cedi likely to remain stable in 2026 - Courage Boti\" srcset=\"https:\/\/www.myjoyonline.com\/wp-content\/uploads\/2026\/01\/WhatsApp-Image-2026-01-30-at-16.28.27-4-1024x576.jpeg 1024w, https:\/\/www.myjoyonline.com\/wp-content\/uploads\/2026\/01\/WhatsApp-Image-2026-01-30-at-16.28.27-4-300x169.jpeg 300w, https:\/\/www.myjoyonline.com\/wp-content\/uploads\/2026\/01\/WhatsApp-Image-2026-01-30-at-16.28.27-4-768x432.jpeg 768w, https:\/\/www.myjoyonline.com\/wp-content\/uploads\/2026\/01\/WhatsApp-Image-2026-01-30-at-16.28.27-4-1536x864.jpeg 1536w, https:\/\/www.myjoyonline.com\/wp-content\/uploads\/2026\/01\/WhatsApp-Image-2026-01-30-at-16.28.27-4-533x300.jpeg 533w, https:\/\/www.myjoyonline.com\/wp-content\/uploads\/2026\/01\/WhatsApp-Image-2026-01-30-at-16.28.27-4-233x131.jpeg 233w, https:\/\/www.myjoyonline.com\/wp-content\/uploads\/2026\/01\/WhatsApp-Image-2026-01-30-at-16.28.27-4-150x84.jpeg 150w, https:\/\/www.myjoyonline.com\/wp-content\/uploads\/2026\/01\/WhatsApp-Image-2026-01-30-at-16.28.27-4-218x123.jpeg 218w, https:\/\/www.myjoyonline.com\/wp-content\/uploads\/2026\/01\/WhatsApp-Image-2026-01-30-at-16.28.27-4-754x424.jpeg 754w, https:\/\/www.myjoyonline.com\/wp-content\/uploads\/2026\/01\/WhatsApp-Image-2026-01-30-at-16.28.27-4-330x186.jpeg 330w, https:\/\/www.myjoyonline.com\/wp-content\/uploads\/2026\/01\/WhatsApp-Image-2026-01-30-at-16.28.27-4-225x127.jpeg 225w, https:\/\/www.myjoyonline.com\/wp-content\/uploads\/2026\/01\/WhatsApp-Image-2026-01-30-at-16.28.27-4-217x122.jpeg 217w, https:\/\/www.myjoyonline.com\/wp-content\/uploads\/2026\/01\/WhatsApp-Image-2026-01-30-at-16.28.27-4-340x191.jpeg 340w, https:\/\/www.myjoyonline.com\/wp-content\/uploads\/2026\/01\/WhatsApp-Image-2026-01-30-at-16.28.27-4-267x150.jpeg 267w, https:\/\/www.myjoyonline.com\/wp-content\/uploads\/2026\/01\/WhatsApp-Image-2026-01-30-at-16.28.27-4-55x31.jpeg 55w, https:\/\/sotnews.agency\/wp-content\/uploads\/2026\/01\/WhatsApp-Image-2026-01-30-at-16.28.27-4.jpeg 1600w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\"><figcaption class=\"wp-element-caption\"><em>Managing Director of the Ghana Stock Exchange (GSE), Abena Amoah<\/em><\/figcaption><\/figure>\n<p>The Forecast Dinner and Charter Recognition Ceremony, held ahead of the 2026 financial year, forms part of CFA Society Ghana\u2019s annual programmes aimed at providing insights into economic trends and market outlooks and recognising newly chartered financial analysts.<\/p>\n<p>The event brought together key players from the banking sector, capital markets, academia, and policy institutions to discuss expectations for the economy in the year ahead.<\/p>\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"576\"src=\"https:\/\/sotnews.agency\/wp-content\/uploads\/2026\/01\/WhatsApp-Image-2026-01-30-at-16.28.27-2.jpeg\" alt=\"Cedi likely to remain stable in 2026 - Courage Boti\" class=\"wp-image-10032965213\" title=\"Cedi likely to remain stable in 2026 - Courage Boti\" srcset=\"https:\/\/www.myjoyonline.com\/wp-content\/uploads\/2026\/01\/WhatsApp-Image-2026-01-30-at-16.28.27-2-1024x576.jpeg 1024w, https:\/\/www.myjoyonline.com\/wp-content\/uploads\/2026\/01\/WhatsApp-Image-2026-01-30-at-16.28.27-2-300x169.jpeg 300w, https:\/\/www.myjoyonline.com\/wp-content\/uploads\/2026\/01\/WhatsApp-Image-2026-01-30-at-16.28.27-2-768x432.jpeg 768w, https:\/\/www.myjoyonline.com\/wp-content\/uploads\/2026\/01\/WhatsApp-Image-2026-01-30-at-16.28.27-2-1536x864.jpeg 1536w, https:\/\/www.myjoyonline.com\/wp-content\/uploads\/2026\/01\/WhatsApp-Image-2026-01-30-at-16.28.27-2-533x300.jpeg 533w, https:\/\/www.myjoyonline.com\/wp-content\/uploads\/2026\/01\/WhatsApp-Image-2026-01-30-at-16.28.27-2-233x131.jpeg 233w, https:\/\/www.myjoyonline.com\/wp-content\/uploads\/2026\/01\/WhatsApp-Image-2026-01-30-at-16.28.27-2-150x84.jpeg 150w, https:\/\/www.myjoyonline.com\/wp-content\/uploads\/2026\/01\/WhatsApp-Image-2026-01-30-at-16.28.27-2-218x123.jpeg 218w, https:\/\/www.myjoyonline.com\/wp-content\/uploads\/2026\/01\/WhatsApp-Image-2026-01-30-at-16.28.27-2-754x424.jpeg 754w, https:\/\/www.myjoyonline.com\/wp-content\/uploads\/2026\/01\/WhatsApp-Image-2026-01-30-at-16.28.27-2-330x186.jpeg 330w, https:\/\/www.myjoyonline.com\/wp-content\/uploads\/2026\/01\/WhatsApp-Image-2026-01-30-at-16.28.27-2-225x127.jpeg 225w, https:\/\/www.myjoyonline.com\/wp-content\/uploads\/2026\/01\/WhatsApp-Image-2026-01-30-at-16.28.27-2-217x122.jpeg 217w, https:\/\/www.myjoyonline.com\/wp-content\/uploads\/2026\/01\/WhatsApp-Image-2026-01-30-at-16.28.27-2-340x191.jpeg 340w, https:\/\/www.myjoyonline.com\/wp-content\/uploads\/2026\/01\/WhatsApp-Image-2026-01-30-at-16.28.27-2-267x150.jpeg 267w, https:\/\/www.myjoyonline.com\/wp-content\/uploads\/2026\/01\/WhatsApp-Image-2026-01-30-at-16.28.27-2-55x31.jpeg 55w, https:\/\/sotnews.agency\/wp-content\/uploads\/2026\/01\/WhatsApp-Image-2026-01-30-at-16.28.27-2.jpeg 1600w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\"><\/figure>\n<\/div>\n        <div class=\"booster-block booster-reactions-block\">\n            <div class=\"twp-reactions-icons\">\n                \n                <div class=\"twp-reacts-wrap\">\n                    <a react-data=\"be-react-1\" post-id=\"113336\" class=\"be-face-icons un-reacted\" href=\"javascript:void(0)\">\n                        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   <\/div>\n\n    ","protected":false},"excerpt":{"rendered":"<div><img loading=\"lazy\" decoding=\"async\" width=\"150\" height=\"150\" src=\"https:\/\/www.myjoyonline.com\/wp-content\/uploads\/2026\/01\/WhatsApp-Image-2026-01-30-at-16.28.27-3-150x150.jpeg\" class=\"attachment-thumbnail size-thumbnail wp-post-image\" alt=\"Cedi likely to remain stable in 2026 - Courage Boti\" loading=\"lazy\" title=\"Cedi likely to remain stable in 2026 - Courage Boti\">Manager of Macroeconomic Research at GCB Bank PLC, Courage Boti, says he does not expect the cedi to record any significant appreciation in the near term, citing improving macroeconomic stability rather than further gains.<\/div>\n","protected":false},"author":1,"featured_media":113337,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"rop_custom_images_group":[],"rop_custom_messages_group":[],"rop_publish_now":"initial","rop_publish_now_accounts":{"facebook_2277560469115098_106292521332774":"","twitter_aToxNzczMzI3Njk4OTg4ODUxMjAxOw==_1773327698988851200":""},"rop_publish_now_history":[],"rop_publish_now_status":"pending","_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[12,16191,16192,16193,2557,10,9],"tags":[],"class_list":["post-113336","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","category-chartered-financial-analyst-cfa-society-ghana","category-courage-boti","category-ghana-stock-exchange","category-investments","category-politics","category-popular"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/sotnews.agency\/index.php?rest_route=\/wp\/v2\/posts\/113336","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/sotnews.agency\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/sotnews.agency\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/sotnews.agency\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/sotnews.agency\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=113336"}],"version-history":[{"count":0,"href":"https:\/\/sotnews.agency\/index.php?rest_route=\/wp\/v2\/posts\/113336\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/sotnews.agency\/index.php?rest_route=\/wp\/v2\/media\/113337"}],"wp:attachment":[{"href":"https:\/\/sotnews.agency\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=113336"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/sotnews.agency\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=113336"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/sotnews.agency\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=113336"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}